Building Steady Construction Cash Flows With Digital Tools

The $1.8 trillion construction industry has not yet had its moment of digital reckoning. Recent data indicates that construction firms typically rank in the bottom percentage of U.S. industries investing in digitization, falling just above agriculture and hunting. Construction firms looking to remain profitable must ensure proper cash flows and complete projects on time, but old school practices can get in the way. Project managers and construction workers often have to manage their funds, operating budgets and other related expenses themselves, and losing track of any of these components can increase the time to project completion and final costs.